Thursday, January 20, 2011

Federal Reserve

Federal Reserve
Edited by Ernest Hancock

The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) is the central banking system of the United States. The Federal Reserve was created unconstitutionally, in 1913 by the Federal Reserve Act.

Over time, the Federal Reserve System has greatly expanded and through its due to its power to create money out of nothing has concentrated social, economic and political power into the hands of a select few. Events it has coordinated, such as the Great Depression and numerous booms and busts have led invariably to further increases in the powers of the Federal Reserve.

The Federal Reserve is regarded as a quasi-public banking system, since it has aspects of both a government run system and private enterprise. According to the Federal Reserve, there are presently five different parts of the Federal Reserve System. The Federal Reserve is a foreign corporation whose shareholders are unknown, The Federal Reserve operates in secret and has never been audited.

Pages and Listings are in reverse chronological order:
Page 65 of 65
EndNext • • BackTop
News
What is Plan B if China dumps its U.S. debt?
01-20-2011 Reuters.com
When borrowing money it's always good to have a Plan B in case a big creditor pulls the plug. That should be true whether the sum is a few thousand dollars or about a trillion, the size of the United States government's debt to China.

Jack Gregson
News
Summer 2011: China To Devalue US Buying Power by 30%
01-19-2011 ZeroHedge.com
The Chinese have decided to devalue the US dollar’s buying power, without devaluing the US Treasury holdings they hold. It is an elegant solution to their issues. It will be interesting to see if they can pull it off...
1
Jack Gregson
News
Tossing The Consumer Under The Bus...And Expecting A Recovery
01-19-2011 ZeroHedge.com
I’ve been pouring through the Fed’s recent release of circa 2005 FOMC transcripts. The most striking observation that one can make is that the consumer - the very lifeblood that determines whether our economy will live or die - has been discarded.

Jack Gregson
News
Bill Fleckenstein: The Race To the Bottom Will Be Won By the Dollar
01-19-2011 ZeroHedge.com
"This printing money is going to lead to huge trouble. It’s going to lead to higher interest rates. It’s going to lead to more inflation and at some point there is going to be a train wreck in the currency and the bond market."

Jack Gregson
News
Shock – Big Media Fault Elite Finance
01-18-2011 dailybell.com
The tools of internationalism are the necessary ones.

Sierra Hancock
News
America's Dunkirk: Foreigners Evacuate Money From US Mainland
01-18-2011 ZeroHedge.com
Once again the biggest threat continues to be the rotation by China out of US Treasurys and into other securities...

Jack Gregson
News
China: "Current International Currency System Is The Product Of The Past"
01-16-2011 BusinessInsider.com/
Chinese President Hu Jintao has targeted the dollar's reserve currency status ahead of his big meeting with President Obama saying, "the current international currency system is the product of the past."

Jack Gregson
News
December 2005: Could Alan Greenspan Have Been Any More Wrong?
01-15-2011 BusinessInsider.com/
Alan Greenspan: “I think whatever froth there is in the housing market is becoming contained at this stage, and it’s getting contained largely because mortgage rates have moved up and are beginning to have an impact.

Jack Gregson
News
Feds “Be Nice to Banks”, Trumped Recognition of Housing Bubble in 2005
01-15-2011 NakedCapitalism.com/
So now that the dirt is coming out, that the Fed did see the evidence of the housing bubble and continued to steer the Titanic at the same speed towards the iceberg, the nature and magnitude of its error is still being underplayed.

Jack Gregson
News
Unsealed Docs Show Fed Was Fully Warned of Housing Crisis in 2005
01-14-2011 BusinessInsider.com/
New minutes released today show Fed members were fully aware of the growing housing bubble in the U.S. in June of 2005.

Jack Gregson
News
For "Flat Earth" Inflation Deniers: Commodity Inflation Bites Back
01-13-2011 ZeroHedge.com
History is littered with the carcasses of men that in their exaggerated hubris attempted to stop the forces of nature and the markets only to fall flat on their faces.

Jack Gregson
liberty on tour
News
Ron Paul vs. the Federal Reserve
01-12-2011 www.batr.org
The Patriot-Liberty movement has railed against the Federal Reserve for decades. Inexorably attached to the abolishment of the private banking monopoly, the entire political career of Ron Paul is an inspiration for any citizen who values liberty and

Ernest Hancock
News
How The Fed Spent $2 Trillion And In Exchange We Got 650,000 Temp Jobs
01-12-2011 ZeroHedge.com
In other words, of the 1.1 million private jobs gained in the last year, 650,000 or 60% are jobs that have absolutely no real wealth creation capacity, nor do they provide any real benefits.

Jack Gregson
News
China Warns US: Keep Are Dollar Assets Safe
01-12-2011 BusinessInsider.com/
Ahead of a state visit from Hu Jintao, Chinese Foreign Minister Cui Tiankai says his country is looking for some kind of "positive statement" about the safety of US dollar holdings.

Jack Gregson
News
Fed prints another $600bn to keep US recovery on track
01-11-2011 telegraph.co.uk/finance
By the end of June, the Fed expects to have bought $850bn to $900bn of treasuries – roughly $110bn a month, $75bn of which will be additional QE.

Jack Gregson
Feature Article
Bernanke Doesn't Have the Guts to Do This
Sierra Hancock

If you want to lower long-term interest rates, you need to raise short-term rates.

News
The American Dream – Full Length Film
01-11-2011 Speak Truth 2 Power
30 minute animated film that shows you how you’ve been scammed by the most basic elements of our government system. All of us Americans strive for the American Dream, and this film shows you why your dream is getting farther and farther away.

No comments:

BLOG ARCHIVE